Tag Archives: Britain

Podcast

A special edition podcast

by Adam Taggart

A very sleep-deprived Axel Merk joins us for this special edition podcast. Axel and his team have pulled late nights over the past few days following the Brexit vote results in real-time and the ensuing aftermath.

Axel, CEO and founder of the Merk Funds, is originally from Europe and one of the best experts we know on the currency markets, as well as monetary policy. In this podcast, he explains why he sees the Brexit as a sea-change in sentiment that will have far-reaching implications for Britain, Europe, and the rest of the world — though it may take years before they are fully recognized and expressed. He expects the post-Brexit future to more market volatility, more populism as political stability weakens, more (ineffectual) fiscal spending to goose economic growth, and likely more armed conflict around the world.

Insider

Making sense of what just happened

by Chris Martenson

The political and financial landscapes have been altered by last night upset "Leave" vote in Britain and now we have to try and make sense of the new terrain.

This is huge. Not that a Brexit 'Leave' vote has anything at all to with, say, Caterpillar’s earnings over the next few quarters. It has nothing at all to do with anything fundamental, but these “”markets”” have been anything but fundamental for years.

They've become gigantic, globally interconnected, leveraged speculating casinos. Nothing but a massive set of bubbles in search of a pin.